This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
The design of optimal education policies when individuals differ in inherited wealth and ability Author info | Abstract | Publisher info | Download info | Related research | Statistics Dario Maldonado ()
Additional information is available for the following
registered author(s):
In this paper I consider the role of optimal education policies in redistribution when individuals differ in two aspects: ability and inherited wealth. I discuss the extent to which the rules that emerge in unidimensional settings apply also in the bidimensional setting considered in this paper. The main conclusion is that, subject to some qualifications, the same type of rules that determine optimal education policies when only ability heterogeneity is considered apply to the case where both parameters of heterogeneity are considered. This rules imply a widening of the education gap between high- and low-ability individuals in second-best with respect to the first-best gap. The qualifications regard the implementation of the optimal allocation of resources to education and not on the way the optimal allocation in first- and in second-best differ.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA in its series DOCUMENTOS DE TRABAJO with number
003975.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 20
Date of creation: 31 Jul 2007Date of revision:
Handle: RePEc:col:000092:003975Contact details of provider:
For technical questions regarding this item, or to correct its listing, contact: (Paul Rodriguez).
Keywords: Other versions of this item:
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Ulph, David, 1977.
"On the optimal distribution of income and educational expenditure ,"
Journal of Public Economics ,
Elsevier, vol. 8(3), pages 341-356, December.
[Downloadable!] (restricted)
Sveinbjörn Blöndal & Simon Field & Nathalie Girouard, 2002.
"Investment in Human Capital Through Post-Compulsory Education and Training: Selected Efficiency and Equity Aspects ,"
OECD Economics Department Working Papers
333, OECD, Economics Department.
[Downloadable!]
Orley Ashenfelter & Cecilia Rouse, 1998.
"Income, Schooling, And Ability: Evidence From A New Sample Of Identical Twins ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 113(1), pages 253-284, February.
[Downloadable!] (restricted)
Other versions: Hare, P G & Ulph, D T, 1979.
"On Education and Distribution ,"
Journal of Political Economy ,
University of Chicago Press, vol. 87(5), pages S193-212, October.
[Downloadable!] (restricted)
Sourafel Girma & Abbi Kedir, 2005.
"Heterogeneity in returns to schooling: Econometric evidence from Ethiopia ,"
The Journal of Development Studies ,
Taylor and Francis Journals, vol. 41(8), pages 1405-1416, November.
[Downloadable!] (restricted)
De Fraja, Gianni, 2002.
"The Design of Optimal Education Policies ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 69(2), pages 437-66, April.
Other versions: Stiglitz, Joseph E., 1982.
"Self-selection and Pareto efficient taxation ,"
Journal of Public Economics ,
Elsevier, vol. 17(2), pages 213-240, March.
[Downloadable!] (restricted)
Other versions: James J. Heckman & Lance J. Lochner & Petra E. Todd, 2005.
"Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond ,"
IZA Discussion Papers
1700, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions:
James J. Heckman & Lance J. Lochner & Petra E. Todd, 2005.
"Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond ,"
NBER Working Papers
11544, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Heckman, James J. & Lochner, Lance J. & Todd, Petra E., 2006.
"Earnings Functions, Rates of Return and Treatment Effects: The Mincer Equation and Beyond ,"
Handbook of the Economics of Education ,
Elsevier.
[Downloadable!] (restricted) Armstrong, Mark & Rochet, Jean-Charles, 1999.
"Multi-dimensional screening:: A user's guide ,"
European Economic Review ,
Elsevier, vol. 43(4-6), pages 959-979, April.
[Downloadable!] (restricted)
Omar Arias & Walter Sosa-Escudero & Kevin F. Hallock, 2001.
"Individual heterogeneity in the returns to schooling: instrumental variables quantile regression using twins data ,"
Empirical Economics ,
Springer, vol. 26(1), pages 7-40.
[Downloadable!] (restricted)
Arrow, Kenneth J, 1971.
"A Utilitarian Approach to the Concept of Equality in Public Expenditure ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 85(3), pages 409-15, August.
[Downloadable!] (restricted)
Roger Koenker & Kevin F. Hallock, 2001.
"Quantile Regression ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 15(4), pages 143-156, Fall.
[Downloadable!] (restricted)
Darío Maldonado, 2008.
"Education policies and optimal taxation ,"
International Tax and Public Finance ,
Springer, vol. 15(2), pages 131-143, April.
[Downloadable!] (restricted)
Stiglitz, Joseph E., 1987.
"Pareto efficient and optimal taxation and the new new welfare economics ,"
Handbook of Public Economics ,
in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 2, chapter 15, pages 991-1042
Elsevier.
[Downloadable!] (restricted)
Other versions:
Full
references
Access and
download statistics Did you know? About 1000 archives contribute their bibliographic data to RePEc .
This page was last updated on 2009-10-17.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .